Bitcoin struggles below $7,000 amid low volatility
Bitcoin price remains in a tightening range, with consolidation persisting amid low volatility in the cryptocurrency market. BTCUSD failed to confirm a break above the $7,000 psychological level and...
GBPUSD outlook deteriorates further amid demand for safe-havens
The selling pressure surrounding GBPUSD has intensified on Tuesday amid a widespread risk aversion due to a massive sell-off in the oil market. Brent and WTI futures are trading at...
Euro struggles to regain momentum amid a collapse in the oil market
The euro remains under the selling pressure on Tuesday, with EURUSD further threatening the 1.08 handle after failed attempts to overcome the 1.09 resistance. The common currency remains under...
Gold extends the retreat amid the ongoing profit-taking
Gold prices continue to retreat from fresh multi-year highs registered last week around $1,747. After a failure to challenge the $1,750 area, the precious metal staged a local reversal ...
Oil bears remain in control
Oil prices have stabilized somewhat in the second half of the week but sellers remain in control, suggesting more losses may lie ahead. Brent crude failed to confirm a break...
USDJPY: volatility may pick up after a range-bound trading
USDJPY has settled in a limited trading range these days after a brief consolidation above the key moving averages last week. The pair has been trending higher since yesterday but...
Investors in limbo, coronavirus-related risks continue to weigh on sentiment
Despite investor sentiment has improved in Europe after mixed-to-negative dynamics during the Asian session, investors remain cautious as coronavirus-related risks continue to weigh on market sentiment on Thursday. Yesterday,...
Bitcoin stuck in a tightening range. Breakthrough ahead?
Bitcoin price has been trading within a tightening range these days. The upside is still capped by the 50-DMA after failed attempts to settle above the $7,000 handle last week....
Dollar bulls take a break but may regain control in the longer run
The US dollar has been trading marginally lower against most counterparts on Tuesday. This is mainly due to the improved risk sentiment in the global financial markets after China revealed...
Gold at fresh 7-year highs amid the lingering virus worries
Gold prices spiked to fresh multi-year highs on Tuesday, having extended the rally to the levels just shy of $1,728. The precious metal remains within a firm bullish trend since...
